The Asia Pacific Fitness Rings Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Gym-goers are now eager to learn more about personal progress, like body fat percentage and sleep quality, in addition to basic information like their weight. As a result, technology is evolving from both the standpoints of customers and providers. Wearable fitness technology like fitness rings is predicted to control the fitness industry in the coming years due to the convergence of digital technologies and healthcare. Deskbound habits associated with modern living expose people to a significant risk of acquiring various health conditions, including lack of sleep, obesity, diabetes, and other ailments.
People have begun to exercise daily to maintain their health and avoid multiple health ailments due to hectic work schedules and escalating health issues. As a result, raising knowledge about the importance of a healthy living will raise the demand for exercise activities. This, in turn, is likely to increase demand for fitness-tracking products. Furthermore, fitness products provide consumers with greater flexibility, which aids in the prevention of significant health problems. As a result, increased health consciousness is likely to boost market expansion.
Asia Pacific is the world's biggest and most populous continent, accounting for 4.44 billion people, or over 60% of the world's population. The agricultural, food processing and dietary practices of Asia's ethnic groups vary greatly. However, a "nutrition transition" is in tandem with strong economic expansion. The conventional dominance of grains like rice and vegetables, as well as other mainstays, gives way to diets high in protein, fat, and energy. As a result, diabetes and obesity are rising, with obesity rates exceeding 40% in several Asian nations. As a result, the number of fitness trackers purchased has significantly increased, especially in countries like China, Japan, India, and Australia.
The China market dominated the Asia Pacific Fitness Rings Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $46,839.5 Thousands by 2028. The Japan market is estimated to grow a CAGR of 7.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Compatibility, the market is segmented into iOS, Android, Windows, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Fitness Rings Market is Projected to reach USD 651.6 Million by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ultrahuman Healthcare Private Limited, Sky Labs, Oura Health Oy, ArcX Technology Ltd, SLEEPON, Circular and Ringly Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Compatibility
- iOS
- Android
- Windows
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ultrahuman Healthcare Private Limited
- Sky Labs
- Oura Health Oy
- ArcX Technology Ltd
- SLEEPON
- Circular
- Ringly Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Fitness Rings Market, by Distribution Channel
1.4.2 Asia Pacific Fitness Rings Market, by Compatibility
1.4.3 Asia Pacific Fitness Rings Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Fitness Rings Market by Distribution Channel
3.1 Asia Pacific Offline Market by Country
3.2 Asia Pacific Online Market by Country
Chapter 4. Asia Pacific Fitness Rings Market by Compatibility
4.1 Asia Pacific iOS Market by Country
4.2 Asia Pacific Android Market by Country
4.3 Asia Pacific Windows Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Fitness Rings Market by Country
5.1 China Fitness Rings Market
5.1.1 China Fitness Rings Market by Distribution Channel
5.1.2 China Fitness Rings Market by Compatibility
5.2 Japan Fitness Rings Market
5.2.1 Japan Fitness Rings Market by Distribution Channel
5.2.2 Japan Fitness Rings Market by Compatibility
5.3 India Fitness Rings Market
5.3.1 India Fitness Rings Market by Distribution Channel
5.3.2 India Fitness Rings Market by Compatibility
5.4 South Korea Fitness Rings Market
5.4.1 South Korea Fitness Rings Market by Distribution Channel
5.4.2 South Korea Fitness Rings Market by Compatibility
5.5 Singapore Fitness Rings Market
5.5.1 Singapore Fitness Rings Market by Distribution Channel
5.5.2 Singapore Fitness Rings Market by Compatibility
5.6 Malaysia Fitness Rings Market
5.6.1 Malaysia Fitness Rings Market by Distribution Channel
5.6.2 Malaysia Fitness Rings Market by Compatibility
5.7 Rest of Asia Pacific Fitness Rings Market
5.7.1 Rest of Asia Pacific Fitness Rings Market by Distribution Channel
5.7.2 Rest of Asia Pacific Fitness Rings Market by Compatibility
Chapter 6. Company Profiles
6.1 Ultrahuman Healthcare Private Limited
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Product Launches and Product Expansions:
6.1.2.2 Acquisition and Mergers:
6.2 Sky Labs
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Trials and Approvals:
6.3 Oura Health Oy
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.4 ArcX Technology Ltd
6.4.1 Company Overview
6.5 SLEEPON
6.5.1 Company Overview
6.6 Circular
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 Ringly Inc.
6.7.1 Company Overview
TABLE 1 Asia Pacific Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Offline Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Offline Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Online Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Online Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific iOS Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific iOS Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Android Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Android Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Windows Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Windows Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Fitness Rings Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Fitness Rings Market by Country, 2022 - 2028, USD Thousands
TABLE 21 China Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 22 China Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 23 China Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 24 China Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 25 China Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 26 China Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 27 Japan Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 28 Japan Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 29 Japan Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 30 Japan Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 31 Japan Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 32 Japan Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 33 India Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 34 India Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 35 India Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 36 India Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 37 India Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 38 India Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 39 South Korea Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 40 South Korea Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 41 South Korea Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 42 South Korea Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 43 South Korea Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 44 South Korea Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 45 Singapore Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 46 Singapore Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 47 Singapore Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 48 Singapore Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 49 Singapore Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 50 Singapore Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 51 Malaysia Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 52 Malaysia Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 53 Malaysia Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 54 Malaysia Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 55 Malaysia Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 56 Malaysia Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 57 Rest of Asia Pacific Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of Asia Pacific Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of Asia Pacific Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 60 Rest of Asia Pacific Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 61 Rest of Asia Pacific Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 62 Rest of Asia Pacific Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 63 Key Information – Ultrahuman Healthcare Private Limited
TABLE 64 Key Information – Sky Labs
TABLE 65 Key Information – Oura Health Oy
TABLE 66 Key Information – ArcX Technology Ltd
TABLE 67 Key Information – SLEEPON
TABLE 68 Key Information – Circular
TABLE 69 Key Information – RINGLY INC.
List of Figures
FIG 1 Methodology for the research